Economy · India

PM Modi Lays Foundation Stone for Semiconductor Facility in Visakhapatnam

Prime Minister Narendra Modi laid the foundation stone for South India's first semiconductor manufacturing facility in Visakhapatnam. The facility, an Advanced Semiconductor Assembly and Test (ASIP) plant, is a joint venture with an investment of ₹2,500 crore. This project is expected to boost India's semiconductor ecosystem and technological capabilities.

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